DB Cargo increases to 60% own participation in Trans-Eurasia Logistics

Joint venture with Russian RZD manages rail shipments along the New Via of the Silk

German the railway society goods DB Cargo of the group Deutsche Bahn has announced that it is increasing to 60% own participation in Trans-Eurasia Logistics (TEL), society constituted in that is joint venture between the German railway the 2008 group and that Russian Russian Railways (RZD) and is operating in transport railway between Europe, Russia and long Asia the New Via of the Silk.

Emphasizing that the increase of the role of the DB Cargo in the TEL offers good opportunity to develop the traffics from and for Asia, senior the vice president "Corridor Development China/New Silk Road" of the German society, Carsten Hinne, has remembered that currently Trans-Eurasia Logistics manages from ten to 15 spins weeklies magazine on the director for Asia. "I do not consider - it has specified the commercial director of DB Cargo, Raimund Stüer - the doubling of the traffic in the arc of next the two or three years unattainable", referring in particular to the increase of the coming question from several economic fields between which that of the automotive industry.